This_Guhy

This_Guhy Wizard Updated 

We begin on the three day chart and we see a clear three crows candlestick formation and this occurs with all the bearish divergence marked with arrows on the MACD, RSI, and Stoch RSI. Based on that alone we should be looking to the downside, not even counting all the repo market, dollar, silver and gold, and trade war stuff. Once you consider all of the...

This_Guhy Wizard Updated 

Real quick posts for y'all. We have hidden bearish divergence on the OBV EMAs that has built up for months. When we look at the last mega-spill we had we also see that hidden bearish divergence built up for months and then we proceeded our way downward. The volume situation just does not justify a move to the upside. And secondly, the triangle we are...

This_Guhy Wizard Updated 

Bitcion did a textbook retracement to the 0618 and is now in a descending triangle using the .382 level as the trap door the price keeps temporarily finding support on. BTCUSD is spending its seventh day below the 100D Moving average, and that is a pretty bearish situation in my book. Add to that we have slipped the ichimoku cloud, which is turned red and is at...

This_Guhy Wizard Updated 

I almost feel like I am spamming posts but I keep on seeing people going long and I feel deeply in my bones that isn't the technical call. I know what it feels like to lose a lot of money and I look at what I was posting for forecasts when I began here as garbage. I could see why things happened after the fact, and try and get continuation, but I was worthless...

This_Guhy Wizard Updated 

Silver had quite the nice and sudden retracement but it looks like we are staged for a quick move up. The 12 MACD looks like it should be screaming upward with bullish divergence. If you go to a lower timeframe you see a neat accending triannle forming and the EMA ribbon suggest we are on the verge of breaking out. I am still looking for a longer term...

This_Guhy Wizard Updated 

Here and there I have heard lots of people talk about death crosses or any kind of moving average cross and part of this post is just to add one detail to that, and then that will back up the rest of the post. In the lower chart we can see that the price action has mounted the 13 EMA and is coming upon the 48. The price action is going to get tight and if you...

This_Guhy Wizard Updated 

I have taken several looks at the falling wedge on ETHUSD and I went looking for a larger structure and saw the role the area around 365 has been a major issue in the past and it seems it is still the case. If you replicate this chart and look at a lot of these candles wicks and closes you will see a lot happens within a few percent of 365, be it candle close,...

This_Guhy Wizard

I am pretty use to getting most of my charts denominated against USD but I know that the market for precious metals is international and silver has a greater commodity use than other precious metals and one of its main uses is in manufacturing so I went to poking about the various denominations and the Chinese yuan looks like it might have the most predictive...

This_Guhy Wizard

We are in the beginning stages of a multi year, almost decade long silver run and unfortunately, things just don't go up in a straight line. We are going to have mutli-year consolidations and then ramp ups and we are going to erase years of gains as we retest significant levels. If anyone has a chart with a longer silver/usd history chart on Tradingview, let me...

This_Guhy Wizard Updated 

This chart is as simple and fundamental as a chart can be. We popped out the the top of the Bollinger band in December 2017 and we popped out the top in June. Remember that 95.45% of all price action us suppose to occur within the Bands and on such a large timeframe we generally see a trend reversal. Just as before, we see some temporary support on the upper...

This_Guhy Wizard

We have two patterns that are playing together for DXY, first the purple consolidation/bottoming formation which performed beautifully, as shown by the dotted purple line, and that set up a diamond top. I have stated elsewhere that I think the right side of that diamond has a bit too much white space as it doesn't tough resistance as much as I would like. SO, if...

This_Guhy Wizard Updated 

I am about as bearish as one can get on crypto right now until BTCUSD completes the pattern I see developing and expounded upon in by linked post regarding Bitcoin not being a fiat alternative. But things don't go straight down and there are corrections. I posted this falling wedge in a update to my ETHUSD linked post, you can see the fuller reasoning there, but...

This_Guhy Wizard Updated 

The Technical Analysis The Price action & MACD both on log chart RSI had a technical double bottom and price action set a higher low MACD moving upward upward Triangle due to break out RSI very likely to swing to oversold based on history Fundamental Analysis Yield curve inversion Greenspan says NO BARRIER to treasury yields going negative SPX only...

This_Guhy Wizard

This is intermediate goal setting and as such this post will be shorter than others. It is all in the main chart: we have a triangle, it has a target from the break out and from there we should experience bounce or at least some consolidation before we proceed lower. This chart relies on my linked post below, so I shan't regurgitated what I have already posted. ...

This_Guhy Wizard

I think silver is going higher, and a lot higher. I encourage everyone to do some reading on how Basel III has affected the behavior of gold investors and savers, especially institutions like Central Banks, and how that is going to affect the price of silver. Our chart has over 20 years of history of silver action and we have some very impressive moves defined...

This_Guhy Wizard Updated 

TLDR: ETHUSD Bearish on all levels. Simple support and resistance and SMAs on the main chart, Ichimoku, OBV EMAs and MFI on our second chart deeper in for those interested. If you want more doom and gloom see the linked BTCUSD chart. IF you want something bullish see my linked silver and gold posts. Two moving averages of interest are shown using the...

This_Guhy Wizard

I hope this post sparks quite the debate in the comment section as Bakkt could have a massive influence on the short term price action (and by that I mean about a week prior and after debut). Some people may want to debate if futures trading even affects the crypto market and I would argue that it does, due to the markets lack of depth and liquidity compared to...

This_Guhy Wizard Updated 

Range and volume indicators are becoming one of my favorite sets of indicators to pair together. This chart can look like a lot but I hope to break it down First off I have the double-ichi cloud with both normal equities settings in the traditional red and green colors and the crypto settings in yellow and orange. In our current uptrend the equity cloud has...